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Dec 7, 2012
12/12
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CURRENT
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we needed more aggregate demand, deficit spending, we needed public worse an easy money policy. that is what the economy needed. i think our problem is we didn't get enough. >> eliot: it's fascinating you articulated this way. judge poser was an iconic voice within the chicago school of economic supply. he went through the same transformation saying different circumstances call for different responses. you don't disavow of word of margenal rates. >> that's exactly right. i don't understand this idea of cocky cutter economics where you simply do the same thing regardless of circumstances. you analyze the data, look at the economy, you come up with policies that are appropriate. >> eliot: now, you have been a rather harsh critic of the way the second president bush ran the economy basically saying he disa vowed principles and put in place massive spending without caring about deficits at all. you were there. what happened as you saw this and did you push back? >> oh, yes i wrote a book called imposter, president bush destroyed the economy. which got me fired from my think tank job
we needed more aggregate demand, deficit spending, we needed public worse an easy money policy. that is what the economy needed. i think our problem is we didn't get enough. >> eliot: it's fascinating you articulated this way. judge poser was an iconic voice within the chicago school of economic supply. he went through the same transformation saying different circumstances call for different responses. you don't disavow of word of margenal rates. >> that's exactly right. i don't...
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the navy spent $12 million on biofuels at a rate of $26 a gallon. at a time we're talking about raising taxes and the fiscal cliff and what financial problems we're in this country, i read these numbers i want to tear my heart out. how do you feel? >> melissa, it is worse than that. in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president has had a war on our defense system. he disarmed america. he has done away with our brigade combat teams, our ships, our f-22s, c-17s, future combat systems. he uses the excuse. no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using
the navy spent $12 million on biofuels at a rate of $26 a gallon. at a time we're talking about raising taxes and the fiscal cliff and what financial problems we're in this country, i read these numbers i want to tear my heart out. how do you feel? >> melissa, it is worse than that. in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president has had a war on our defense system. he disarmed...
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Dec 5, 2012
12/12
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FOXNEWSW
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he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful...
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Dec 5, 2012
12/12
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they only need 26 -- 26 republicans -- for this to pass. and i know there are 26 republicans who would vote pour this. we had one conservative republican who has said serving in the house, more than half would vote for it. so i believe there are 26 reasonable republicans willing to put their promise to serve constituents ahead of their pledge to serve grove norquist. so i say to my friend, john boehner, the speaker of the house of representatives, you control matters on the floor. no one else does. you have the ability and you're the only one that has the ability to put this on the floor for a vote. he should do that. that would be the american way. would the chair announce the business of the day. the presiding officer: under the previous order, the leadership time is reserved. under the previous order, the senate will be in a period of morning business for up to four hours with the senate permitted therein for up to ten minutes each with the majority controlling the 230eurs minutes. -- controlling the first 30 minutes. mr. reid: i suggest
they only need 26 -- 26 republicans -- for this to pass. and i know there are 26 republicans who would vote pour this. we had one conservative republican who has said serving in the house, more than half would vote for it. so i believe there are 26 reasonable republicans willing to put their promise to serve constituents ahead of their pledge to serve grove norquist. so i say to my friend, john boehner, the speaker of the house of representatives, you control matters on the floor. no one else...
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Dec 7, 2012
12/12
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KRON
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they beat the raiders 26 to 13 last night. carson, threw one interception that thwarted a possible scoring chance the raiders. lost a fumble was set up a touchdown for the broncos of open its sixth straight game. the raiders will take on the kansas city chiefs' next sunday december 16th at the coliseum at 125. not looking good for the nhl season. and that the labor talks between the league and the players association broke off in the third straight day. the nhl has rejected the players' union's offer. one point of contention between the two sides is the length of the new contracts, owners want a 10 year contract the players want a shorter one. the the dispute is running the entire hockey season. the lockout is now on its 83rd day. >> traffic is light and visibility is good, we will be right back. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of
they beat the raiders 26 to 13 last night. carson, threw one interception that thwarted a possible scoring chance the raiders. lost a fumble was set up a touchdown for the broncos of open its sixth straight game. the raiders will take on the kansas city chiefs' next sunday december 16th at the coliseum at 125. not looking good for the nhl season. and that the labor talks between the league and the players association broke off in the third straight day. the nhl has rejected the players' union's...
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Dec 9, 2012
12/12
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CSPAN
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the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as lawmakers and the president toppled a number of issues that cannot wait. let's go back to the inauguration from generic 20, 2009, a few hundred feet from where we are at as he addressed the nation. he will do so again january next year. this is what he said nearly four years ago. [video clip] >> we must dust ourselves off and begin the work of remaking america. [applause] everywhere we look, there is work to be done. the state of our economy calls for action bold and swift. we will react to lay a new foundation for growth. electrical grids that bind us
the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as...
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Dec 9, 2012
12/12
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and i have 22 booksellers, and of those 22, some of them have been with me anywhere from 10-20 years. and we've, we operate like a family, occasionally a dysfunctional family, but we, we have a good, a really good relationship with each other, and we do all understand our mission here is to keep this store open. the store's more than just these four walls and the fact that we sell books. the store is us out in the community. each one of us is, gives time to the community on a personal basis. many of our staff people are volunteers with various reading readness/literacy volunteers, the aids council, the league of women voters, various, you know, like the women's club which tries to connect with the realizing and literary community as well. i could go on and on. our is very, very long. of good works that we do outside the store. and we have formed some, you know, real, solid connections with the literary community here, with not only the writing community, but the reading community. we became very involved with bill kennedy's new york state writer's institute, so bringing famous authors
and i have 22 booksellers, and of those 22, some of them have been with me anywhere from 10-20 years. and we've, we operate like a family, occasionally a dysfunctional family, but we, we have a good, a really good relationship with each other, and we do all understand our mission here is to keep this store open. the store's more than just these four walls and the fact that we sell books. the store is us out in the community. each one of us is, gives time to the community on a personal basis....
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Dec 8, 2012
12/12
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CSPAN2
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senate, weeknights watched the public policy events and every weekend the latest nonfiction authors and books on booktv. you can see past programs and get schedule that our web site and join the conversation on social media sites. >> what i discovered is jefferson appears to be a man of contradictions. but when you do something rather simple which is to put him on a time line and examine all the actions in an excellent chronological order, certain patterns emerge and things simultaneously get more complicated but a lot simpler. we are actually dealing with two jeffersons. there was the young jefferson who was a fiery radical emancipation test and there was the older jefferson who really embraced slavery. the young jefferson of the enough has not been studied all that much. as the member of the house of burgesses in a proposal to me than to the slaves in virginia. team made it on the sly shielding his identity using a relative to submit the bill which is a good thing because his relative was denounced as an enemy of his country and the bill was summarily dismissed. and later under his ow
senate, weeknights watched the public policy events and every weekend the latest nonfiction authors and books on booktv. you can see past programs and get schedule that our web site and join the conversation on social media sites. >> what i discovered is jefferson appears to be a man of contradictions. but when you do something rather simple which is to put him on a time line and examine all the actions in an excellent chronological order, certain patterns emerge and things simultaneously...
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Dec 10, 2012
12/12
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WJZ
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route 22, at 543. other accidents include moravia road, near st. thomas. west north avenue, at north monroe. and east northern parkway at hillen. let's take a live look. you can see, things are definitely slowing down on the beltway, west of york road. we'll take another live look. still not a bad drive as you can see, on baltimore national pike. this traffic report is brought to you by premium outlets in leesburg. you can visit our website, wjz.com. back to you. >>> the australian radio host, who pulled a royal prank on the hospital, tweeting the duchess of cambridge, are speaking. monica villamizar reports, the d.j.s never meant any harm. >> we are so sorry that this has happened to them. >> reporter: radio host mel greg and michael kristens say they are filled with regret over the royal prank. the pair fought back tears as they talked about the death of the nurse who fell for the hoax. >> we couldn't see this happening. it was only meant to be a prank call. >> reporter: last week, the australian d.j.s, pretended to be the queen and prince charles, when
route 22, at 543. other accidents include moravia road, near st. thomas. west north avenue, at north monroe. and east northern parkway at hillen. let's take a live look. you can see, things are definitely slowing down on the beltway, west of york road. we'll take another live look. still not a bad drive as you can see, on baltimore national pike. this traffic report is brought to you by premium outlets in leesburg. you can visit our website, wjz.com. back to you. >>> the australian...
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Dec 7, 2012
12/12
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CSPAN2
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on weeknights watch key public policy events and every weekend the latest non-fiction authors and books on booktv. you can see past programs and get the schedule at the website. and you can join us in the conversation on social media sites. >>> following protests against egyptian president mohammad morsi. an debate on election in muslim countries and leadership changes changes in arab springs. this is just over an hour. we're going to be asking the question islamist victory unavoidable and essential. this is the motion we'll be debated in the intelligence squared format for request from brian katulis who have done this once already to they had a practice round. they have not had a chance of doing this. i suspect they probably had some so scotchs and talked about ways. let me set the scene. it's time of revolution in the middle east. started with a group seller in tunisia. that sparked a full revolution in tunisia that toppled a 30-year dictator that spread to egypt and the egyptian revolution was a particular concern to the united states. egypt is -- credible in u.s. policy in the middl
on weeknights watch key public policy events and every weekend the latest non-fiction authors and books on booktv. you can see past programs and get the schedule at the website. and you can join us in the conversation on social media sites. >>> following protests against egyptian president mohammad morsi. an debate on election in muslim countries and leadership changes changes in arab springs. this is just over an hour. we're going to be asking the question islamist victory unavoidable...
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474
Dec 10, 2012
12/12
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KPIX
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eye 474
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there are 22 days left to the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >> and some republicans m congress are pushing their leaders to be a little bit more flexible. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. the white house meeting yesterday between president obama and speaker boehner occurred after the president extended that invitation to boehner quite quietly on friday. after the meeting, both were described as hopeful. even so, a followup meeting between white house staff and republican congressional staff on underlying details of a fiscal cliff deal apparently achieved little progress. the president met with boehner after huddling friday with house minority leader nancy pelosi and telephoning senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rate
there are 22 days left to the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >> and some republicans m congress are pushing their leaders to be a little bit more flexible. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. the white house meeting yesterday between president obama and speaker boehner occurred after the president extended that invitation to boehner quite...
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Dec 3, 2012
12/12
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CNNW
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it is another $26 million a year to keep the publication going. but the daily couldn't find a big audience. >> maribel aber, thank you very much. >>> now to this, carmelo anthony, derek jeter, michael jordan, sport stars not only known for their skills but also for their shoes. dwayne edwards helped design all their sneakers when he worked as a designer for nike. and now he's giving others a chance to do the exact same thing. cnn's george howell has more. ♪ >> reporter: this is a snapshot of some of the products i've designed over the course of my career. this is the air jordan 21. working at nike, dwayne edwards designed the signature sneaker lines of superstar athletes. carmelo anthony, derek jeter, and his childhood idol, michael jordan. but after 11 years at nike, edwards walked away. >> the industry is close to a $50 billion industry in the u.s. alone. and there is probably a good 3,000 to 4,000 footwear designers in this industry. but people of color are underrepresented. >> reporter: so what you'recome exposure, people knowing about the i
it is another $26 million a year to keep the publication going. but the daily couldn't find a big audience. >> maribel aber, thank you very much. >>> now to this, carmelo anthony, derek jeter, michael jordan, sport stars not only known for their skills but also for their shoes. dwayne edwards helped design all their sneakers when he worked as a designer for nike. and now he's giving others a chance to do the exact same thing. cnn's george howell has more. ♪ >> reporter:...
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Dec 6, 2012
12/12
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CSPAN2
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today's vote would not be possible without the combined efforts of many dedicated public servants. first i would like to thank the staff at the office of the u.s. trade representative. many of them toiled for years to bring russia and moldova into the w.t.o., often at great personal sacrifice. i also would like to take a moment to thank my colleagues for all of their hard work in helping to craft this bill. an open and transparent dialogue was critical to our success. i would particularly like to again express my appreciation to all the members of the finance committee who worked with me and my staff to develop a strong package to develop many of the concerns we all have concerning our bilateral trade relations with russia. finally, i would like to thank my friend and colleague, senator baucus and his wonderful staff. i ask unanimous consent that we would put some names in the record before this is -- this is done because he and his staff have had a great willingness to work with us to make sure that our concerns were addressed in the bill. the process we undertook in the finance c
today's vote would not be possible without the combined efforts of many dedicated public servants. first i would like to thank the staff at the office of the u.s. trade representative. many of them toiled for years to bring russia and moldova into the w.t.o., often at great personal sacrifice. i also would like to take a moment to thank my colleagues for all of their hard work in helping to craft this bill. an open and transparent dialogue was critical to our success. i would particularly like...
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Dec 7, 2012
12/12
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he looks at macro racquets and public policy. he is the influential source of policymakers and businesses and journalists. recently he published a report assessing the challenges of approaching the fiscal cliff and the most effective way to achieve long-term, fiscal stability. he received his phd from the university of pennsylvania. that will be a recurring theme in these introductions. [laughter] dr. zandi, thank you for being here. dr. hassett is the director and senior fellow at the american enterprise institute. he holds a phd from the university of pennsylvania. his research includes the u.s. economy, tax policy, and the stock market. he is previously a senior economist at the board of governors at the federal reserve system. he went to that graduate school of business at columbia university. he has worked for both the george w. bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here wit
he looks at macro racquets and public policy. he is the influential source of policymakers and businesses and journalists. recently he published a report assessing the challenges of approaching the fiscal cliff and the most effective way to achieve long-term, fiscal stability. he received his phd from the university of pennsylvania. that will be a recurring theme in these introductions. [laughter] dr. zandi, thank you for being here. dr. hassett is the director and senior fellow at the american...
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day 26. got another 24 hours closer to the edge of the fiscal cliff which is why we have our eyes on the white house press briefing. got a live picture ready for you so we don't miss anything. for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop comprom
day 26. got another 24 hours closer to the edge of the fiscal cliff which is why we have our eyes on the white house press briefing. got a live picture ready for you so we don't miss anything. for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal...
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Dec 4, 2012
12/12
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CSPAN2
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it is just bad policy. but the president believes we ought to do, as the secretary geithner spelled out over the weekend, is adopt the proposal at the budget control act that was put forward by senator mcconnell. it enables the debt ceiling to be raised appropriately so the united states pays its bills, and it allows congress to voice its opinion, but it makes sure that we do not have the threat of default hanging over us periodically, as if we were not the greatest and strongest economy in the world. that's just not the right way to do business. >> this could come as soon as this week. is that possible? >> yes, the president will make personal announcements after he has made personnel decisions when he believes it is appropriate. there is a great deal of speculation about that and i can promise you that many decisions have been made and that you will hear from him when he believes he is ready to make any such announcements. >> became -- [inaudible question] >> i think most people would acknowledge that the
it is just bad policy. but the president believes we ought to do, as the secretary geithner spelled out over the weekend, is adopt the proposal at the budget control act that was put forward by senator mcconnell. it enables the debt ceiling to be raised appropriately so the united states pays its bills, and it allows congress to voice its opinion, but it makes sure that we do not have the threat of default hanging over us periodically, as if we were not the greatest and strongest economy in the...
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Dec 10, 2012
12/12
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CSPAN
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eye 80
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he looks at macro racquets and public policy. he is the influential source of policymakers and businesses and journalists. recently he published a report assessing the challenges of approaching the fiscal cliff and the most effective way to achieve long-term, fiscal stability. he received his phd from the university of pennsylvania. that will be a recurring theme in these introductions. [laughter] dr. zandi, thank you for being here. dr. hassett is the director and senior fellow at the american enterprise institute. he holds a phd from the university of pennsylvania. his research includes the u.s. economy, tax policy, and the stock market. he is previously a senior economist at the board of governors at the federal reserve system. he went to that graduate school of business at columbia university. he has worked for both the george w. bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here wit
he looks at macro racquets and public policy. he is the influential source of policymakers and businesses and journalists. recently he published a report assessing the challenges of approaching the fiscal cliff and the most effective way to achieve long-term, fiscal stability. he received his phd from the university of pennsylvania. that will be a recurring theme in these introductions. [laughter] dr. zandi, thank you for being here. dr. hassett is the director and senior fellow at the american...
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Dec 4, 2012
12/12
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CSPAN
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he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a problem for some people to grasp. how can you lower rates will we need more revenue? you do that by broadening the base. economists, a lot of them disagreed on the positive impact of simplifying the tax code or tax reform. most agree there is some evidence. we have some studies based on the 1986 tax reform plan. that impacted gdp in a positive way by about one percentage point. there is no consensus, but there is a general understanding there is a benefit. anyone who has done their taxes can understand this. the time alone to do your taxes, even with the great software, we have 70% o
he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a...
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like to see a close above 22. i think it has room to 26. i would suggest 20 if anybody in the stock looking at it as potential stop loss. tracy: 22 right now. you want to see close here? >> i like to see volume build on it. i've seen this stock in the pass pop. it hit my radar not too long ago. i've been waiting for a moment to look at for long entry. i think it is oversold here. it has a pretty tight rangingdtrading range. dennis: i never heard of the medicine company. some big drug guy going to be buy these guys? >> might be early in the game to say that. a lot of drug giants have lumber abouting products coming off patent approvals. you know what? acquisition a lot better than stafffng and r&d, if you can't make it buy it. >> exactly. they have cash. they are a good match. thank you guys later. i know you want to get back to those tweets. dennis: we should. more on the fiscal cliff. president up obama has taken to twitter answering fiscal cliff questions right now. looking to drum up support for his tax hike on the wealthiest americans.
like to see a close above 22. i think it has room to 26. i would suggest 20 if anybody in the stock looking at it as potential stop loss. tracy: 22 right now. you want to see close here? >> i like to see volume build on it. i've seen this stock in the pass pop. it hit my radar not too long ago. i've been waiting for a moment to look at for long entry. i think it is oversold here. it has a pretty tight rangingdtrading range. dennis: i never heard of the medicine company. some big drug guy...
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Dec 4, 2012
12/12
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CNBC
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family dollar higher by 22%. >> i agree with the call. here is what is interesting in the note. said if we go over the fiscal cliff that is going to be a negative for the demographic that shops there. they will have less disposable income. on your holiday shopping from l.l. bean. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> prices on gold are closing right now and the market fell below the 1700 mark in gold, the first time we have seen that since early november. sharon epperson is tracking the act
family dollar higher by 22%. >> i agree with the call. here is what is interesting in the note. said if we go over the fiscal cliff that is going to be a negative for the demographic that shops there. they will have less disposable income. on your holiday shopping from l.l. bean. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [...
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146
Dec 10, 2012
12/12
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CSPAN
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eye 146
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the budget control act will expire at a cost of $26 billion. the medicare payments will be eliminated at $11 billion. we heard last week it is not a cliff. guest: i understand that argument. we're not going to pay off $395 billion of taxes on january 1. instead, those things will take place over time. you might even delay their implementation. that is all true. it relies on the fact that households and businesses are myopic. they see as far as their toes and no further. if you do not have a deal, your taxes are going to go up. a lot of americans to not know a lot about the fiscal cliff. the confidence and a market reaction is very different than the spending cuts and tax increases. here is the fundamental point. i could be wrong, it happened once. why find out? it is irresponsible to govern the country this way. the sequester and across the board cut, it is bat policy. everybody knows it is bad policy. we are very close to doing it. i find the whole situation unsatisfying. host: our phone lines are open and you can also send us an e- mail. you
the budget control act will expire at a cost of $26 billion. the medicare payments will be eliminated at $11 billion. we heard last week it is not a cliff. guest: i understand that argument. we're not going to pay off $395 billion of taxes on january 1. instead, those things will take place over time. you might even delay their implementation. that is all true. it relies on the fact that households and businesses are myopic. they see as far as their toes and no further. if you do not have a...
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Dec 3, 2012
12/12
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CURRENT
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when they raised taxes, this goes back to bill clinton when the rate was 39%, we created 22 million new jobs. i mean the evidence is out there. boehner keeps throwing that out there. and every economist, every reputable economist says that is total bs. again, that's classic evidence of boehner's lack of leadership. lynn, thanks, john for the call. lynn is calling from coos bay oregon. >> i love your show. >> bill: thank you. caller: you i thought boehner was delusional. i think he has a serious drinking problem that probably happy capshandy caps his rational thinking. republicans continue to be obstructionists. i knew they would do it after the election. but one thing i found out last week that people aren't realizing about this tax problem that's looming is that i was talking with my tax preparer last week. she told me that the irs is going to have to rewrite the entire 1040 form and that they may not allow electronic filing until mid march because they are going to be behind curve. >> bill: right. i never thought about that. sure, if you will tax rate will change. talk about uncertain
when they raised taxes, this goes back to bill clinton when the rate was 39%, we created 22 million new jobs. i mean the evidence is out there. boehner keeps throwing that out there. and every economist, every reputable economist says that is total bs. again, that's classic evidence of boehner's lack of leadership. lynn, thanks, john for the call. lynn is calling from coos bay oregon. >> i love your show. >> bill: thank you. caller: you i thought boehner was delusional. i think he...
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Dec 4, 2012
12/12
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KPIX
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that's a 22-minute ride. and northbound 880 through oakland stop and go towards the maze. drive safely. >> today: feeling pity full in your pj's. >> do you find the feetsie pasquella cute? >> it's like >> it's like throwing an unforgettable pajamas party.
that's a 22-minute ride. and northbound 880 through oakland stop and go towards the maze. drive safely. >> today: feeling pity full in your pj's. >> do you find the feetsie pasquella cute? >> it's like >> it's like throwing an unforgettable pajamas party.
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Dec 10, 2012
12/12
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a bad policy. but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to explain to a very reluctant david gregory, why should we consider raising tax when is clearly the revenue is up, but the spending is up higher? >> the president wants to raise tax rates on people making more than 250,000. he thinks that will bring in $82 billion in one year. the experience of california and other countries is that you will not bring in $82 billion. you bring in less. >> brian: sadly, it's just about getting a trophy and saying i told you i would do it. >> that's the politics of it. >> brian: varney and company
a bad policy. but looked at strictly economically, forget the politics here, forget fiscal cliff, forget negotiations. you just look economically, raise taxes, you don't get all the money you think you are going to bring in. >> brian: real quick, kevin mccarthy, one of the young guns, was on "metropolitan the press" and said, good news. revenues are up 10%. that's because we seem to be turning around economically. here is the bad news, spending is up 16%. why? he's trying to...
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Dec 9, 2012
12/12
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WBAL
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another lawmaker has said, "i cannot remember a public policy decision that more deeply grieved me than that of the denial of assistance to somerset counties, homes and businesses. as one of maryland's poorest communities and hit the hardest, somerset county needs the help funds will provide." fema will provide funds to states to be used to repair public structures such as roads and buildings. back on capitol hill, director fugate seemed to be open to giving the eastern shore a closer look. >> i sometimes struggle with when we say no because it's never easy but it doesn't mean we're not going to work with the governor and see what we can do. >> lowell melser, wbal-tv 11 news. maryland has 26 days to file the appeal. while those in affected counties are urgedy to contact local emergency managers, there's a hotline for those who have questions -- 800-492-6116. shaquille o'neal has a new nickname, shacko clause. he paid a visit to atlantic city to bring christmas joy to an area hit hard by the hurricane. shaq handed out christmas gifts to families affected by the storm and took time to pos
another lawmaker has said, "i cannot remember a public policy decision that more deeply grieved me than that of the denial of assistance to somerset counties, homes and businesses. as one of maryland's poorest communities and hit the hardest, somerset county needs the help funds will provide." fema will provide funds to states to be used to repair public structures such as roads and buildings. back on capitol hill, director fugate seemed to be open to giving the eastern shore a closer...
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Dec 5, 2012
12/12
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i believe that we can do something very important here today, and both our economy and our foreign policy will be better off for the effort. i yield the floor. a senator: mr. president? the presiding officer: the senator from utah. mr. hatch: mr. president, we will soon vote on h.r. 6156, the russia and moldova jackson-vanik repeal and sergei magnitsky rule of law accountability act of 2012. now, the trade elements of this bill are identical to the legislation which passed the u.s. senate finance committee by unanimous vote on june 19, 2012. the bill repeals the application of the jackson-vanik amendment to russia and moldova which would enable u.s. workers and job creators to fully benefit from russia and model oaf -- moldova's accession to the world trade organization. this will also help battle systemic corruption within russia. after 18 years of hard-fought negotiations under both republican and democratic administrations, president obama finalized the terms of russia's ascension to the w.t.o. on november 10, 2011. russia was invited to join the organization on december 16, 2011, and
i believe that we can do something very important here today, and both our economy and our foreign policy will be better off for the effort. i yield the floor. a senator: mr. president? the presiding officer: the senator from utah. mr. hatch: mr. president, we will soon vote on h.r. 6156, the russia and moldova jackson-vanik repeal and sergei magnitsky rule of law accountability act of 2012. now, the trade elements of this bill are identical to the legislation which passed the u.s. senate...
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Dec 7, 2012
12/12
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and it will be on december 22. we wish you the best, and a wonderful life together. >> thank you. >> gretchen: what a wonderful story. congratulations. >> thanks. >> gretchen: coming up on "fox & friends," a summit on climate change to debate its effects and by debate, we mean only one side. isn't a debate supposed to be two sides? one kicked out for saying it doesn't exist. >>> then a charity for cancer canceled because someone threatened to sue. we'll tell you about that. ♪ begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! ♪ or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ male announcer ] taste it and describe the indescribable. you can't argue with nutrition you can see. great grains. great grains cereal starts whole and stays whole. see the seam? more pcessed flakes look nothing like natural grains. i'm eating what i kn is better nutrition. mmmm. great grains. search great grains and see
and it will be on december 22. we wish you the best, and a wonderful life together. >> thank you. >> gretchen: what a wonderful story. congratulations. >> thanks. >> gretchen: coming up on "fox & friends," a summit on climate change to debate its effects and by debate, we mean only one side. isn't a debate supposed to be two sides? one kicked out for saying it doesn't exist. >>> then a charity for cancer canceled because someone threatened to sue....
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Dec 6, 2012
12/12
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CNNW
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what's your policy? >>> panetta talked about consequences in syria uses chemical weapons against their people. >> the whole world is watching. the whole world is watching very closely, and the president of the united states has made very clear that there will be consequences. there will be consequences if the assad regime makes the terrible mistake by using these chemical weapons on their own people. i'm not going to speculate or comment on what those potential consequences would be but i think it's fair enough to say their use of those weapons would cross a line. >> syria's military has loaded the component chemicals for the deadly nerve gas sarin into aerial bombs that could be dropped from fighter jets. our national security contributor fran townsend is joining us via skype from new york to discuss this. fran, first of all, leon panetta, the defense secretary, said this. i want to read this and get your take on this. he says, "the intelligence that we have causes serious concerns that this is being co
what's your policy? >>> panetta talked about consequences in syria uses chemical weapons against their people. >> the whole world is watching. the whole world is watching very closely, and the president of the united states has made very clear that there will be consequences. there will be consequences if the assad regime makes the terrible mistake by using these chemical weapons on their own people. i'm not going to speculate or comment on what those potential consequences would...
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Dec 8, 2012
12/12
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years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should allow the states to make the kind of a decision. giving more people -- in giving more power to the government to regulate this on a national level will create so many issues down the road, and it probably a lot of issues in the immediate -- the reason we even got to this. is because we get some much power to the government to regulate all of the different things and issues. giving them more power is just going to create more problems. my basic thought is, more government power, more issues. host: we will leave it there. victor on the republican line. caller: i do not think the supreme court should even hear the case on gay marriage. our country was built on marriage. it is an abomination to rid it should not even be brought up again to the supreme court. host: why not let them handle it since courts have weighe
years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should allow the states to make the kind of a decision. giving more people -- in giving more power to the government to regulate this on a national level will create so many issues down the road, and it probably a lot of issues in the immediate -- the reason we even got to this. is because we get some...
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it is down over $26 at 60.93. you have seen, lately, a net of $1.6 billion added into the etf since early october. one of the experts remained bullish on gold. just noting that this pullback is actually being blamed on the fiscal cliff walls. money coming off the table. and a lot of folks are pretty bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead. lori: let's see how the dollar is trading. it is a weaker dollar with big euro pushing up to 130. the dollar weaker, really, across the board. we will be back with more after this. ♪ twins. i didn't see them coming. i hai need to rethink the oblco of my portfolio.atio. what i reallneed is sleep. introducing the ishares core, buildi blocks for the hearof your portfoli find out why 9 out of 10 large professional investors chse ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes i
it is down over $26 at 60.93. you have seen, lately, a net of $1.6 billion added into the etf since early october. one of the experts remained bullish on gold. just noting that this pullback is actually being blamed on the fiscal cliff walls. money coming off the table. and a lot of folks are pretty bullish going forward. back to you. melissa: thank you. a strikeout the nations busiest port complex. costing the nation a billion dollars a day. the port of long beach director joins us just ahead....
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Dec 9, 2012
12/12
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there's something about public humiliation that ratchets up the shame so much more. >> i agree that public humiliation could be incredibly painful to people and the rutgers event was many more humiliating, somebody having sex in a video and somebody whose sexual orientation was not before known to everyone and now it's broadcast before he necessarily wanted it to be known. >> alisyn: you don't see a parallel? >> not nearly at that level. and again, pranks are committed all the time. we have reality shows in in country where the pranks are much more serious and the people then say, oh, go ahead, broadcast it, it doesn't bother me at all. >> alisyn: doctor. >> if this nurse took her life it isn't because of this call, but the call could have stimulate add woman who was psychologically very vulnerable and that's sad, a deplorable act. >> alisyn: let me quickly read what the hospital has said in a letter to the radio station, it was extremely foolish for your presenters who try to lie through it one of the patience let alone to make the call and discover not only had that happened, but the cal
there's something about public humiliation that ratchets up the shame so much more. >> i agree that public humiliation could be incredibly painful to people and the rutgers event was many more humiliating, somebody having sex in a video and somebody whose sexual orientation was not before known to everyone and now it's broadcast before he necessarily wanted it to be known. >> alisyn: you don't see a parallel? >> not nearly at that level. and again, pranks are committed all the...
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Dec 5, 2012
12/12
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CNBC
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to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? woul
to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last...
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Dec 11, 2012
12/12
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CSPAN2
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the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the american economy is doing, not what the defense budget to the defense department's doing. reemployment happens quite quickly. new jobs created. increase the flow of money in the economy are reducing federal borrowing, it invested. that creates jobs. you have to view the economy as a system. you cannot just say defense dollars down, jobs down. that is not the way the economy works. >> guest: the critics of sequestration would point out the reduce the spending of the domestic side to radically, what you're going to get, in fact, is the potential for a se
the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the...
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Dec 10, 2012
12/12
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CNBC
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we need to work through all this public policy uncertainty. to focus on the timing of the deal, we think misses a larger point as to whether we actually get a good deal or not. our definition of a good deal is one that isn't too reliant on tax revenues, and actually does start down the process of getting our mandatory spending under control so we don't siphon off all our savings over the long run away from cap-ex towards funding the public sector. but what we think is going to happen, earnings growth decelerated massively from 2012 from 15% a year ago to slight negative numbers now. we think that will bottom out somewhere around the first and second quarter, and reaccelerate through the back half of 13 driven by stagizing global growth, and a pickup in cap-ex. now cap-ex is clearly the weakest part of the economy. we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, t
we need to work through all this public policy uncertainty. to focus on the timing of the deal, we think misses a larger point as to whether we actually get a good deal or not. our definition of a good deal is one that isn't too reliant on tax revenues, and actually does start down the process of getting our mandatory spending under control so we don't siphon off all our savings over the long run away from cap-ex towards funding the public sector. but what we think is going to happen, earnings...
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Dec 6, 2012
12/12
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hillary clinton about to speak on that and general keane will join us. lots coming up when bill and i join you right here at the top of the hour. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >> gretchen: been look forward to it. we're joined by the cast of the show "a christmas story". the crew is here. to now they're going to sing for you. take it away. ♪ silly contest. >> another one of my silly contests. ♪ the wheels keep spinning ♪ another exhausting climb uphill ♪ ♪ i always come close to all used to winning ♪ ♪ just focus and think
hillary clinton about to speak on that and general keane will join us. lots coming up when bill and i join you right here at the top of the hour. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great...